Compensation and benefits - C236
how do employers define total rewards? - (correct Answer) - All forms of pay and
compensation, tangible benefits, and other intangible rewards that an organization
provides.
cash compensation is the only element of a total rewards package. - (correct
Answer) - False
total rewards refers to all forms of pay and compensation, tangible benefits, and
other intangible rewards that an organization provides.
which of the following is not considered an intangible reward? - (correct Answer) -
cash (bonuses are not considered intangible rewards).
cash compensation influences: - (correct Answer) - employee perception
as a compensation manager, you will: - (correct Answer) - improve compensation
systems and better enable your organization to meet its goals.
in your capacity as a generalist, your ability to impact compnesation will happen
in the following way: - (correct Answer) - staffing.
training.
recruiting.
all of the above.
compensation affects which groups of people in a company? - (correct Answer) - HR
managers
employees
potential employees
all of the above.
as a compensation manager, you will not: - (correct Answer) - require the
organization to implement a market-standardize compensation plan.
what department of the company is not affected by the compensation plan? - (correct
Answer) - all departments are affected.
what is another term for "fringe benefits"? - (correct Answer) - Perks = fringe
benefits
one set of awards may fit one firm but may not fit another firm. - (correct Answer)
- True
to have an effective rewards system, you will not need to understand: - (correct
Answer) - employees' previous salary
what is variable pay? - (correct Answer) - Performance-based rewards and long-term
equity.
Variable pay can include performance-based rewards such as bonuses and commissions,
as well as long-term equity rewards such as stock options.
what is base pay? - (correct Answer) - the salary or hourly wage in exchange for
the employee's contribution to the organization
employee performance represent: - (correct Answer) - the quality and quantity of
the work that individual employees produce in the organization
an organizational citizenship behavior is: - (correct Answer) - a value-creating
activity engaged in by employees, but not as part of the job.
which of the following does organizational performance not include? - (correct
Answer) - developing employees.
developing employees is not included in organizational performance.
which of the following laws relates to total rewards? - (correct Answer) - civil
rights laws
of the following, which is not considered a guide to fairness in total rewards: -
(correct Answer) - extreme.
there are three different types of fairness perceptions that should be considered
in developing a total rewards system: distributive, procedural, and interactional.
the employement relationship is: - (correct Answer) - an agreed-upon basis for
organizations and people meeting each others needs.
organizations get work done through: - (correct Answer) - people
total rewards includes: - (correct Answer) - base salary and benefits
how do employers define total rewards? - (correct Answer) - All forms of pay and
compensation, tangible benefits, and other intangible rewards that an organization
provides.
cash compensation is the only element of a total rewards package. - (correct
Answer) - False
total rewards refers to all forms of pay and compensation, tangible benefits, and
other intangible rewards that an organization provides.
which of the following is not considered an intangible reward? - (correct Answer) -
cash (bonuses are not considered intangible rewards).
cash compensation influences: - (correct Answer) - employee perception
as a compensation manager, you will: - (correct Answer) - improve compensation
systems and better enable your organization to meet its goals.
in your capacity as a generalist, your ability to impact compnesation will happen
in the following way: - (correct Answer) - staffing.
training.
recruiting.
all of the above.
compensation affects which groups of people in a company? - (correct Answer) - HR
managers
employees
potential employees
all of the above.
as a compensation manager, you will not: - (correct Answer) - require the
organization to implement a market-standardize compensation plan.
what department of the company is not affected by the compensation plan? - (correct
Answer) - all departments are affected.
what is another term for "fringe benefits"? - (correct Answer) - Perks = fringe
benefits
one set of awards may fit one firm but may not fit another firm. - (correct Answer)
- True
to have an effective rewards system, you will not need to understand: - (correct
Answer) - employees' previous salary
what is variable pay? - (correct Answer) - Performance-based rewards and long-term
equity.
Variable pay can include performance-based rewards such as bonuses and commissions,
as well as long-term equity rewards such as stock options.
what is base pay? - (correct Answer) - the salary or hourly wage in exchange for
the employee's contribution to the organization
employee performance represent: - (correct Answer) - the quality and quantity of
the work that individual employees produce in the organization
an organizational citizenship behavior is: - (correct Answer) - a value-creating
activity engaged in by employees, but not as part of the job.
which of the following does organizational performance not include? - (correct
Answer) - developing employees.
developing employees is not included in organizational performance.
which of the following laws relates to total rewards? - (correct Answer) - civil
rights laws
of the following, which is not considered a guide to fairness in total rewards: -
(correct Answer) - extreme.
there are three different types of fairness perceptions that should be considered
in developing a total rewards system: distributive, procedural, and interactional.
the employement relationship is: - (correct Answer) - an agreed-upon basis for
organizations and people meeting each others needs.
organizations get work done through: - (correct Answer) - people
total rewards includes: - (correct Answer) - base salary and benefits
